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1406 N 31st Ave, Melrose Park, IL, 60160

$87,000

0.19 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #12003670
Lot Size0.19 Acres
StatusActive

About 1406 N 31st Ave

A fully zoned ready-for-a-2-flat lot in charm-filled Melrose Park with easy transit access. Benefits include close proximity to amenities and swift routes to Downtown Chicago. Unlock potential here!

Property Details

Property Features

Listing Office:

  • Office Name: Realty of Chicago LLC
  • Office Phone: (773) 344-0208
  • Listing Agent: Cristino Aguirre

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

School Info

Assigned Schools Information:

  • Proviso East High School, Public District Grades 9-12
  • Proviso West High School, Public District Grades 9-12
  • Proviso Math and Science Academy, Public District Grades 9-12
  • Roosevelt Middle School, Public District Grades 7-8
  • Grant Elementary School, Public District Grades 1-4

Other

Directions Information:

  • Directions: From Manheim Road, East on Division Street, South on N 31st Ave to vacant lot on the west side of the street

Price Information

Listing Price Info

Price Summary:

  • List Price: $87,000

Tax Information:

  • Annual Amount: $1,582
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Melrose Park, IL.

Med. Sold Price

$300K

Med. Price/SqFt

$201

Avg. Days On Market

21

# of Sold Homes

7

1406 N 31st Ave vs Melrose Park

36 DAYS ON ROCKET

+15 Days

$87,000

-$213K Less

KEY TAKEAWAY

This property is $213K less than the Median Sold Price in Melrose Park, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12003670

Listing Office:

  • Office Name: Realty of Chicago LLC
  • Office Phone: (773) 344-0208
  • Listing Agent: Cristino Aguirre

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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Property Sales & Tax

Listing History

Jan 21, 2009Home Sold
$73,500

Tax History

YEARPROP. TAXASSESSMENT
2019$1,582$4,185
2018$1,558$4,185
2017$1,497$4,185

History based on county public records data.

Payment Calculator

$502

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$327

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-375260
2
/10
  • Grant Elementary School

  • 1300 N 34th Ave

  • 0.21 miles

  • Public District Grades 1-4

Middle School

school-card-donut-375261
3
/10
  • Roosevelt Middle School

  • 2500 Oak St

  • 1.06 miles

  • Public District Grades 7-8

High School

school-card-donut-375262
1
/10
  • Proviso East High School

  • 807 S 1st Ave

  • 2.37 miles

  • Public District Grades 9-12

school-card-donut-375263
1
/10
  • Proviso West High School

  • 4701 Harrison St

  • 2.71 miles

  • Public District Grades 9-12

school-card-donut-375264
10
/10
  • Proviso Math and Science Academy

  • 8601 Roosevelt Rd

  • 3.12 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,153. The majority of Melrose Park, IL residents have income less than $35k annually. The majority of families are married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Melrose Park, IL

What type of housing is available in Melrose Park, IL?

In Melrose Park, roughly half of dwellings are single detached homes, whereas the rest are mainly large apartment buildings, small apartment buildings, and duplexes. This village has a good choice of housing size options, ranging from lofts to four or more bedrooms. Roughly 60% of the population of this village own their home while the remainder are renters. A majority of the housing growth in this village took place pre-1960.

Is Melrose Park, IL a good place to live?

Melrose Park is a fairly good village to buy a home in for those who prefer a relaxed environment. This part of the Chicago-Naperville-Elgin metropolitan area is reasonably quiet overall, as there tend to be low levels of noise from traffic - although that is not the case closer to one of the railway lines. Finally, accessing parks is easy from most locations in the village since there are around 10 of them close by for residents to explore.

Are things conveniently located in Melrose Park, IL?

Locals will find that no matter where their house is situated in Melrose Park, primary as well as high schools are close by. At the elementary level, both public and private schools can be found. When it comes to food, it is very easy to reach the nearest grocery store on foot in Melrose Park. Furthermore, those who like to dine in restaurants will have a fair number of opportunities, and home buyers are served by about 10 cafes as well.

What does the transportation in Melrose Park, IL look like?

It is easy for people traveling on foot to move around in Melrose Park; running daily errands is easy. The public transit service in this part of the Chicago-Naperville-Elgin metropolitan area is not very frequent. Nevertheless, there is the Melrose Park Station with access to the Union Pacific West Line. The village is connected by a few bus lines, and it is especially convenient to reach a nearby bus stop from most houses. In contrast, moving around by car is easy in Melrose Park. The majority of real estate listings are a rather short car ride from the nearest highway, and it is easy to find a place to park.

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Frequently Asked Questions About 1406 N 31st Ave

What is the listing price of this property?

The listing price of 1406 N 31st Ave property is $87,000.

What type of property is this?

The property 1406 N 31st Ave is land located in Melrose Park, Illinois, 60160.

Is this property for sale now?

Active Listing: 1406 N 31st Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1406 N 31st Ave are:
Grant Elementary School: GreatSchools Rating 2/10
Roosevelt Middle School: GreatSchools Rating 3/10
Proviso East High School: GreatSchools Rating 1/10
Proviso West High School: GreatSchools Rating 1/10
Proviso Math and Science Academy: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $1,582 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 21, 2009 for $73,500. (source: MLS/tax record).

How much acreage is this property?

The property 1406 N 31st Ave is 0.19 acres.
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Rocket HomesIllinoisCook CountyMelrose Park601601406 N 31st Ave

This home is located at 1406 N 31st Ave in Melrose Park, IL and zip code 60160. This home sits on a 0.19 acre lot. It has been listed on Rocket Homes since March 13, 2024 and is currently priced at $87,000.

In March 2024 more than 1 listings in Melrose Park, IL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 5 were sold below. The inventory of homes for sale in Melrose Park, IL between February 2024 and March 2024 increased by 7.5%. In March 2024, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $300,000.

From Rocket Homes Real Estate and based on county public records data.

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